$CEB (5311.MY)$ Even though the Provident Fund sold 6 millio...
$CEB (5311.BMS)$ Even though the Provident Fund sold 6 million shares, it still holds 10 million shares. The stock price fell from RM1 in July to RM0.4, a retracement of 60%. Whether the low RM0.345 is the lowest in history depends on financial reports and company prospects rather than recent sell-offs. Shareholders also need to make money to cash out and adjust positions. This is normal, so don't FOMO. As to whether the sell-off pressure is over, we still have to see if the financial report at the end of the month will allow buyers to regain their confidence.
Looking at it now, the support of RM0.39 is strong. As long as the stock price stays sideways nearby and waits for financial reports to be announced, there is still a chance to usher in an upward trend on the right.
Looking at it now, the support of RM0.39 is strong. As long as the stock price stays sideways nearby and waits for financial reports to be announced, there is still a chance to usher in an upward trend on the right.
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阿福来股 : When is the financial report
Jackson Au OP 阿福来股 : August 28